Freeman Gold (CSE: FMAN) this morning announced that it has completed its 2020 drill program at its flagship Lemhi Gold project, which is located in Idaho. The program saw a total of 7,149 metres of drilling conducted via 35 drill holes, all of which intersected mineralization of varying degrees.
The drill program was completed by two diamond drill rigs, which worked together to confirm the presence of numerous gold mineralized horizons on the property, which were previously identified within 70,196 metres of historic drilling on the property. While assays are still being waited on, the company found mineralized zones on the property ranging from 10 metres to over 100 metres, as was expected based on historic results. Of the 26 logged holes to date, 17 were said to contain visible gold.
Core samples have been delivered to the assay labs, with 1,805 core and rock samples in total being sent, along with 358 soil samples, to a lab based in Vancouver. A further 275 soil samples were delivered to a lab located in Burnaby. In total, results are expected to be returned in 4 to 8 weeks, with delays due to COVID-19 now becoming standard in the industry.
“We extended our Phase 1 diamond drill campaign to include additional infill and step out holes designed to test zones beyond historical limits. We are extremely pleased with this initial drill program, both the execution in challenging times as well as the extent and thickness of the flat lying mineralized structures. We have successfully confirmed and extended the presence of these stacked mineralized structures over a 600 x 700 metre area from surface down to over 260 metres deep.”
Will Randall, CEO of Freeman Gold
Freeman Gold Corp last traded at $0.50 on the CSE.
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